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  2. Direct-Reduced Iron Prod…

Direct-reduced iron production in Saudi Arabia: Increase in 2014

U.S. Geological Survey published that in comparison with the year before the variable grew by 7.67%. The indicator climbed by 460 thousand tonnes, as it follows the tendency of the previous year when it increased by 5.26%. It's the highest number in its history since 1998. The overall changes for the prior 17 years attained a growth of 184.83%. Likewise, it has shown a 0.03 percent compound annual growth rate during the last 5 years with a slight overall increase since the 1998. It averaged 4 193.06 thousand tonnes from 1998 to 2014 and it hit its minimum of 2 268 thousand tonnes in 1998.

Direct-reduced iron production in Saudi Arabia: Increase in 2014
Date Thousand Tonnes Variation
2014 6 460.00 7.67
2013 6 000.00 5.26
2012 5 700.00 -1.72
2011 5 800.00 5.45
2010 5 500.00 10
2009 5 000.00 0.6
2008 4 970.00 14.52
2007 4 340.00 21.23
2006 3 580.00 -1.38
2005 3 630.00 15.57